SES AI Corporation (NYSE:SES) Q1 2024 Earnings Call Transcript

Mark Shooter: Got it. Okay, that’s the whole way through. Very interesting. And do you plan on this having the — as a part of the BMS for any potential electric vehicles that you’re going to be in here? So is this — will this be live monitoring on a go forward as well inside the cars? Or is this more of just to get the data to build the safe cell and then you get a stamp and you don’t need the constant monitoring anymore?

Qichao Hu: Yes. So this will be inside the BMS. And then — so we are talking about constant live monitoring. And actually we have been doing this for some drones and then we are starting to put this in some UAM applications. And also later in the B-sample, we definitely plan to put this in the BMS for the demo cards. So, yes, the three types of data actually train three different kinds of models for the Avatar AI. And then the last part, the testing definitely will be part of the BMS, so that we can actually gather data and then use the data to turn the model live. We won’t be able to do so. We can only do monitoring, and then the model will send a recommendation to the driver in terms of what to do, but then it won’t be able to like actually control the battery.

Mark Shooter: Understood. Okay, I appreciate the color. Thanks.

Operator: Thank you. I can confirm we have no further questions, so I’d like to conclude the call here. Thank you all for joining, and please enjoy the rest of your day. You may now disconnect your lines.